The Handbook of the Political Economy of Financial Crises
Language: English
Published by Oxford University Press Inc, US, 2013
- Hardcover
- New
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AbeBooks seller since June 11, 2025
Condition: New
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The Great Financial Crisis that began in 2007-2008 reminds us with devastating force that financial instability and crises are endemic to capitalist economies that lack powerful and dynamically changing financial regulations that can keep the powerful forces of leverage and credit within sustainable bounds. Economists from Marx to Keynes, and Minsky to Kindleberger have well understood this profoundly important fact, yet the dominant mainstream economics of "rational expectations", "efficient markets" and "laissez-faire" that rationalized widespread financial liberalization and still dominates the economics profession has gotten it, literally, "dead wrong". This Handbook of The Political Economy of Financial Crises describes the theoretical, institutional, and historical factors that can help us understand the forces that create financial crises - with an emphasis on the crisis of 2007- 2008 - and the strengths and weaknesses of varying theoretical perspectives and policy approaches that have tried to comprehend and limit these financial tsunamis.…
Seller Inventory # LU-9780199757237
- Title
- The Handbook of the Political Economy of Financial Crises
- Author
- Martin H. Wolfson
- Publisher
- Oxford University Press Inc, US
- Publication year
- 2013
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0199757232
- ISBN 13
- 9780199757237
- Item weight
- 1,437 grams
"Synopsis" may belong to another edition of this title.
About the Author
Martin H. Wolfson is the Director of the Higgins Labor Studies Program. He has taught economics at the University of Notre Dame since 1989. Before that, he was an economist at the Federal Reserve Board in Washington, D.C.
His research investigates the effects on working people of financial markets, macroeconomic policy, globalization, and local economic development.
"About the title" may belong to another edition of this title.
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